Financial Topics Archives | Page 12 of 822

Mar

2025

$4,000 Personal Loan: Pros, Cons, & Qualifications

By Ashley Kilroy | Credit, Financial Independence, personal_loan | Comments Off

Whether you’re making home repairs, planning a bucket-list trip, or consolidating debt, getting a $4,000 personal loan can be a flexible solution. As long as you meet the lender’s criteria, the process of applying for a loan is generally straightforward. However, before you apply, it’s a good idea to understand how personal loans work, where to find one, and what they offer.

Read on to learn about the pros and cons of a personal loan for $4,000 and the qualifications you’ll need to meet to get one.

Key Points

• A $4,000 personal loan offers a flexible financial solution for expenses like home repairs, travel, or debt consolidation, with a generally straightforward application process.

• Personal loans often provide lower interest rates than credit cards, fast approval times, and eligibility for those with bad credit, enhancing their appeal for various financial needs.

• Borrowers should watch out for fees such as origination fees (1% to 8% of the loan amount) and potential prepayment penalties, which can increase the overall cost of the loan.

• Those with poor credit (FICO® Score below 580) may still qualify for a $4,000 personal loan, though they might face higher interest rates, added fees, or the need to provide collateral.

• Comparing loan offers from banks, credit unions, and online lenders is crucial to finding the best interest rates, terms, and flexibility to match your financial situation.

How to Get a $4,000 Personal Loan

Knowing how to apply for a $4,000 personal loan can make the process a lot easier. Here are some steps to help you get the loan that’s right for you.

Check Your Credit

When you apply for a personal loan, lenders will check your creditworthiness, so you’ll want to review your credit report first. You can get a free copy from the three main consumer credit bureaus — Equifax®, Experian®, and TransUnion® — at AnnualCreditReport.com®.

After you receive your credit reports, read them over closely and report any inaccuracies. Errors could impact your loan terms and chance of getting approved.

Shop Around

Interest rates and terms vary by lender, so shop around and compare your options. Many lenders will let you prequalify first, which gives you a sneak peek at potential interest rates, terms, and fees before you submit your final application. Comparing at least a few different offers can help you find the one that suits your needs and budget.

Apply for the Loan

Once you’ve selected the loan you want, it’s time to apply. Once you send in your application, the lender will do a hard credit check to see how creditworthy you are. You may also be asked to provide certain documents, including:

• Identification

• Proof of income

• Proof of residence

After your application and required documents are in, the waiting game begins. Some lenders may swiftly approve your application and get you the funds in a lump sum — minus any origination fees — in a few hours or days. But if you have a more complicated loan application, you could be waiting a week or more for a decision.

Pros of a $4,000 Personal Loan

There are several benefits to taking out a personal loan. These include:

• Flexibility. You can use the funds for just about any purpose.

• Lower interest rates. Personal loan interest rates are often lower than credit card rates.

• Bad credit eligibility. You may still qualify for a $4,000 loan even with bad credit.

• Fast approval. Certain lenders offer fast approval, with funds available to you in a matter of hours or days.

Cons of a $4,000 Personal Loan

While personal loans have plenty of selling points, they also come with some drawbacks. Here are ones to keep in mind:

• High fees. Personal loans can come with fees, such as origination fees ranging from 1% to 8% of the total loan amount.

• Prepayment penalties. Some lenders charge penalties if you pay off your loan early.

• Increased debt: A personal loan can add to your debt load, especially if you spend the funds on big-ticket items instead of consolidating high-interest debt.

• Negative credit impact: When you apply for a personal loan, the lender will perform a hard inquiry. This can cause your credit score to drop slightly, though the dip is temporary.

Can You Get a $4,000 Personal Loan With Bad Credit?

As we mentioned, even if you have poor credit or no credit history at all, you might still be able to qualify for a $4,000 loan. If your FICO® Score is lower than 580, it’s considered poor and you’re generally seen as a high-risk borrower.

While there’s no set credit score you need for a personal loan, many lenders prefer that borrowers have a credit score above 580. You can still qualify if you have a lower score, but the terms may not be as favorable. You could be offered loans with higher interest rates and additional fees. And you may be required to put up collateral, such as a car or your home, in order to secure the loan.

How to Compare $4,000 Personal Loans

Personal loans are offered through online lenders, traditional banks, and credit unions. Just like you shop around for the best deal on a big purchase, it’s smart to compare lenders’ rates and terms before you apply.

Here are a few things you’ll want to consider as you review your options.

Fees and Penalties

Some $4,000 personal loans come with fees, while others don’t. Lenders also have different ways of applying these fees. For example, some lenders may include fees in the loan amount, increasing your total debt. Others deduct fees from the loan proceeds, reducing the amount you receive. Be sure to crunch the numbers because they can increase your borrowing costs.

Prequalification

When you apply for a loan, the lender often looks at your credit to help determine the rates and terms you qualify for. This requires a hard inquiry, which can temporarily lower your credit score by up to 10 points. If you prequalify with multiple lenders, you can compare different offers without harming your credit. You might also want to use a personal loan calculator to get a better idea of what your monthly loan payments may be.

Flexibility

What if you face financial difficulties and struggle to pay back the loan? Or if you miss a payment and incur a late fee? Some lenders offer financial protection programs for borrowers, which can give you peace of mind when choosing a $4,000 personal loan.

The Takeaway

A $4,000 personal loan can be a quick way to get money for almost any need. You can get these loans from banks, credit unions, and online lenders. Requirements vary by lender, and each might offer different interest rates and terms. However, having a good credit score typically gets you a better rate.

Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. See your rate in minutes.

SoFi’s Personal Loan was named NerdWallet’s 2023 winner for Best Online Personal Loan overall.

FAQ

How much would monthly payments be on a $4,000 loan?

The amount you’d pay each month for a $4,000 loan depends on the interest rate and loan term. For example, if you had a three-year loan at 12.00% APR, your monthly payment would be around $133. However, with a two-year term at the same rate, the monthly payment would be closer to $188.

What is the interest rate on a $4,000 loan?

According to data from Forbes Advisor, personal loan interest rates can vary widely, though they’re typically between 7.00% and 36.00%. Rates for a three-year loan are generally between 12.00% and 15.00%. But keep in mind that the rate you qualify for depends on your credit score and loan terms.

What credit score do you need for a $4,000 loan?

In order to qualify for a $4,000 personal loan, most lenders typically prefer a credit score above 580. However, borrowers with lower scores may also qualify for a loan depending on the lender’s criteria.

About the author

Ashley Kilroy

Ashley Kilroy is a seasoned personal finance writer with 15 years of experience simplifying complex concepts for individuals seeking financial security. Her expertise has shined through in well-known publications like Rolling Stone, Forbes, SmartAsset, and Money Talks News. Read full bio.

Photo credit: iStock/PeopleImages

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Mar

2025

Tax Loss Tax Loss Carryforward: What Is It and How Does It Work?

By Rebecca Lake | Growing Wealth, invest, Investing | Comments Off

The tax loss carryforward rule allows capital losses from the sale of assets to be carried over from one year to another. In other words, an investor can use capital losses realized in the current tax year to offset gains or profits in a future tax year, assuming certain restrictions are met.

Investors can use a capital loss carryforward to minimize their tax liability when reporting capital gains from investments. Business owners can also take advantage of loss carryforward rules when deducting losses each year.

Knowing how this tax provision works and when it can be applied is important from an investment tax-savings perspective.

Key Points

• Tax loss carryforward allows investors to offset capital losses against future gains, as well as taxable income.

• Investors who take advantage of the tax loss carryforward rule may reduce their overall tax liability.

• Capital loss carryforward rules prohibit violating the wash-sale rule and have limitations on deductions.

• Net operating loss carryforward is similar to capital loss carryforward for businesses operating at a loss.

• Losses can be carried forward indefinitely at the federal level, but capital losses must be used to offset capital gains in the same year.

What Is Tax Loss Carryforward?

Tax loss carryforward, sometimes called a capital loss carryover, is the process of carrying forward capital losses into future tax years. A capital loss occurs when you sell an asset, like a stock, for less than your adjusted basis.

Capital losses are the opposite of capital gains, which are realized when you sell an asset for more than your adjusted basis. In either case, taxes may come into play.

Adjusted basis means the cost of an asset, adjusted for various events (i.e., increases or decreases in value) through the course of ownership.

When you invest online or through a brokerage to purchase a stock or other security, knowing whether a capital gain or loss is short-term or long-term depends on how long you owned it before selling.

• Short-term capital losses and gains occur when an asset is held for one year or less.

• Long-term capital gains and losses are associated with assets held for longer than one year.

The Internal Revenue Service (IRS) allows certain capital losses, including losses associated with personal or business investments, to be deducted from taxable income.

There are limits on the amount that can be deducted each year, however, depending on the type of losses being reported.

For example, the IRS allows investors to deduct up to $3,000 from their taxable income if the capital loss is from the sales of assets like stocks, bonds, or real estate. If capital losses exceed $3,000 ($1,500 if you’re married, filing separately), the IRS allows investors to carry capital losses forward into future years and use them to reduce potential taxable income.

How Tax Loss Carryforwards Work

A tax loss carryforward generally allows you to report losses realized on assets in one tax year on a future year’s tax return. Realized losses differ from unrealized losses or gains, which are the change in an investment’s value compared to its purchase price before an investor sells it.

IRS loss carryforward rules apply to both personal and business assets. The main types of capital loss carryovers allowed by the Internal Revenue Code are capital loss carryforwards and net operating loss carryforwards.

Capital Loss Carryforward

Another way to describe the process of using capital losses to offset gains is that IRS rules allow investors to “harvest” tax losses, meaning they use capital losses to offset capital gains, assuming they don’t violate the wash-sale rule.

The wash-sale rule prohibits investors from buying substantially identical investments within the 30 days before or 30 days after the sale of a security for the purpose of tax-loss harvesting.

If capital losses are equal to capital gains, they will offset one another on your tax return, so there’d be nothing to carry over. For example, a $5,000 capital gain would cancel out a $5,000 capital loss and vice versa.

Remember that short-term capital losses must be applied to short-term gains, and long-term capital losses to long-term gains, owing to the difference in how capital gains are taxed.

However, if capital losses exceed capital gains, investors can deduct a portion of the losses from their ordinary income to reduce tax liability. Investors can deduct the lesser of $3,000 ($1,500 if married filing separately) or the total net loss shown on line 21 of Schedule D (Form 1040).

But any capital losses over $3,000 can be carried forward to future tax years, where investors can use capital losses to reduce future capital gains.

To figure out how to record a tax loss carryforward, you can use the Capital Loss Carryover Worksheet found on the IRS’ Instructions for Schedule D (Form 1040).

Recommended: A Guide to Tax-Efficient Investing

Net Operating Loss Carryforward

A net operating loss (NOL) occurs when a business has more deductions than income. Rather than posting a profit for the year, the company operates at a loss. Business owners may be able to claim a NOL deduction on their personal income taxes. Net operating loss carryforward rules work similarly to capital loss carryforward rules in that businesses can carry forward losses from one year to the next.

According to the IRS, for losses arising in tax years after December 31, 2020, the NOL deduction is limited to 80% of the excess of the business’s taxable income. To calculate net operating loss deductions for your business, you first have to omit items that could limit your loss, including:

• Capital losses that exceed capital gains

• Nonbusiness deductions that exceed nonbusiness income

• Qualified business income deductions

• The net operating loss deduction itself

These losses can be carried forward indefinitely at the federal level.

Note, however, that the rules for NOL carryforwards at the state level vary widely. Some states follow federal regulations, but others do not.

How Long Can Losses Be Carried Forward?

According to IRS tax loss carryforward rules, capital and net operating losses can be carried forward indefinitely. Note that the loss retains its short- or long-term characterization when carried forward.

It’s important to remember that capital loss carryforward rules don’t allow you to roll over losses without corresponding gains. IRS rules state that you must use capital losses to offset capital gains in the year they occur. You can only carry capital losses forward when and if they exceed your capital gains for the year.

As noted above, the IRS also requires you to use an apples-to-apples approach when applying capital losses against capital gains.

For example, you’d need to use short-term capital losses to offset short-term capital gains. You couldn’t use a short-term capital loss to balance out a long-term capital gain or a long-term capital loss to offset a short-term capital gain.

Example of Tax Loss Carryforward

Assume that you purchase 100 shares of XYZ stock at $50 each for a total of $5,000. Thirteen months after buying the shares, their value has doubled to $100 each, so you decide to sell, collecting a capital gain of $5,000.

Suppose you also hold 100 shares of ABC stock, which have decreased in value from $70 per share to $10 per share over that same period. If you decide to sell ABC stock, your capital losses will total $6,000 – the difference between the $7,000 you paid for the shares and the $1,000 you sold them for.

You could use $5,000 of the loss of ABC stock to offset the $5,000 gain associated with selling your shares in XYZ to reduce your capital gains tax. Per IRS rules, you could also apply the additional $1,000 loss to reduce your ordinary income for the year.

Now, say you also have another stock you sold for a $6,000 loss. Because you already have a $1,000 loss and there is a $3,000 limit on deductions, you could apply up to $2,000 to offset ordinary income in the current tax year, then carry the remaining $4,000 loss forward to a future tax year, per IRS rules.

This is an example of tax loss carryforward. All of this assumes that you don’t violate the wash-sale rule when timing the sale of losing stocks.

The Takeaway

If you’re investing in a taxable brokerage account, it’s wise to include tax planning as part of your strategy. Selling stocks to realize capital gains could result in a larger tax bill if you’re not deducting capital losses at the same time.

With tax-loss harvesting, assuming you don’t violate the wash sale rule, it’s possible to carry forward investment losses to help reduce the tax impact of gains over time. This applies to personal as well as business gains and losses. Thus, understanding the tax loss carryforward provision may help reduce your personal and investment taxes.

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For a limited time, opening and funding an Active Invest account gives you the opportunity to get up to $1,000 in the stock of your choice.

About the author

Rebecca Lake

Rebecca Lake has been a finance writer for nearly a decade, specializing in personal finance, investing, and small business. She is a contributor at Forbes Advisor, SmartAsset, Investopedia, The Balance, MyBankTracker, MoneyRates and CreditCards.com. Read full bio.

You may also be interested in:

Everything You Need to Know About Taxes on Investment Income

Investment Tax Rules Every Investor Should Know

What Is Tax Lien Investing?

About the author

Rebecca Lake

Photo credit: iStock/bymuratdeniz

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Mar

2025

Top 10 Fastest-Growing Jobs

By Rebecca Lake | Life & Career, relay | Comments Off

Job growth is an important consideration when choosing a career. Some of the fastest-growing jobs, according to the Bureau of Labor Statistics (BLS), include nurse practitioners, wind turbine service technicians, and data scientists.

Whether you’re preparing to enter the job market or switching careers, it’s good to know which industries and fields have the brightest hiring outlook. Keep reading for a breakdown of the fastest-growing jobs in 2024 and beyond.

Key Points

• Energy, healthcare, computers, and data science sectors drive job growth in 2024.

• Wind turbine service technicians and solar photovoltaic installers lead job growth due to renewable energy demand.

• Healthcare roles like nurse practitioners and medical managers are expanding with high earning potential.

• Data scientist and information security analyst roles are growing and are crucial for data management and cybersecurity.

• Operations research analysts and computer scientists develop innovative solutions but jobs require advanced education.

What Is Considered a Fast-Growing Job?

The BLS regularly projects which occupations will see the highest growth. The most recent data available predicts changes from 2023 to 2033. Some occupations grow faster than others as demand for those jobs rises. A fast-growing job is one that’s expected to grow at an above-average rate. Our list includes both on-site roles and remote opportunities. (Here’s a great roundup of more work-at-home jobs for retirees and stay-at-home parents.)

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Who Should Consider a Fast-Growing Job?

Fast-growing jobs are appealing to a wide range of people because it can be easier to find a position when there are more openings to go around. Companies may also be more likely to offer signing bonuses to attract talent.

However, it’s important to consider whether the current demand is sustainable over the long term. After large numbers of people rush to fill jobs in a specific industry, hiring may then taper off.

The economy is another consideration. A job that’s fast-growing in a healthy economy may be less so in a downturn or recession. In-demand jobs that are connected to entertainment, travel, or recreation, for example, may be less attractive if people are cutting back their spending on trips to the movies, vacations, or costly hobbies.

Recommended: Does Net Worth Include Home Equity?

Pros and Cons of Being in a Fast-Growing Job

Every job has advantages and disadvantages, and fast-growing fields are no exception. Considering the potential benefits and drawbacks can help you to decide if pursuing a fast growing job makes sense for you.

Pros of Fast-Growing Jobs	Cons of Fast-Growing Jobs
More room for advancement at a faster pace	Accelerated job growth in newer industries may not be sustainable over the long term
Higher salaries if demand for qualified workers outpaces supply	Fast growth does not always translate to higher pay, especially in fields that don’t require higher education
Opportunity to get in on the ground floor of a new industry or sector that’s poised for long-term growth and development	May be more demanding in terms of the time involved and scope of duties

What to Expect in a Fast-Growing Job

One of the main advantages of a fast-growing job is that it may be easier to get hired when demand is high. Employers may also offer higher pay or enhanced employee benefits to attract talent. If a high salary is important to you, check out this list of the highest paying jobs by state.

On the other hand, landing a bigger entry-level salary isn’t guaranteed. Fast-growing tech jobs, for instance, will pay more than food service jobs even if demand is at a similar level.

If you do manage to snag a higher salary with a fast-growing job, it’s important to think about what you’ll be required to do in exchange for those paychecks. For example, accepting a role with a clean energy startup could pay well, but if the company is small, you might be expected to work well beyond the standard 40-hour week.

No matter the size of your paycheck, it helps to stay on top of your budget. A spending app lets you see all of your money in one place.

Top 10 Fastest-Growing Jobs in 2024

The BLS collects data on job growth and employment outlook across a variety of occupations. We’re breaking down the fastest growing jobs through 2033.

You may also be interested in our list of trades that make the most money.

1. Wind Turbine Service Technician

Median annual pay: $61,770

Job growth outlook: 60%

Job description: Install, repair, and service wind turbines. May work full-time or on-call for emergency repairs.

Job duties:

• Install wind turbines

• Make necessary repairs to turbine equipment

• Complete regular maintenance and service to keep turbines operating properly

Pros:

• Technical or trade school degree may be the only required education

• Opportunity to travel

• Job growth should hold steady as the industry develops

Cons:

• Long on-the-job training period

• Candidates must be comfortable with heights

• Higher potential for accidental injury

Recommended: Jobs That Don’t Require College

2. Solar Photovoltaic Installers

Median pay: $48,800/year

Job growth outlook: 48%

Job description: Also called PV installers, solar photovoltaic installers are responsible for assembling and maintaining systems that convert sunlight into energy. They may also connect the system’s solar panels to the electrical grid. This job may be salaried or hourly.

Job duties:

• Measure, cut, and assemble the support structure for solar panels

• Install solar modules, panels, and support structures, then activate and test the system.

• Perform routine PV system maintenance

Pros:

• Significant job growth is expected through 2033

• Higher education may not be required

• There may be opportunities for advancement in the field

Cons:

• Requires lifting and handling heavy equipment

• Candidates should have strong math and communication skills

• Must be comfortable with heights

3. Nurse Practitioner

Median pay: $126,260

Job growth outlook: 46%

Job description: Nurse practitioner (NP) is one of the fastest-growing healthcare jobs. NPs can act as primary care providers or specialty care providers in doctor’s offices, hospitals, and other healthcare facilities. NPs may specialize in a particular type of care, such as geriatrics or pediatrics.

Job duties:

• Assess patients to determine care needs

• Determine how to improve or manage patient health

• Develop strategies for implementing a plan of care

Pros:

• High earning potential (an all-in-one money tracker tool can help you stay on top of your money game)

• Well above-average job growth

• Opportunity to specialize

Cons:

• Potentially a highly stressful job

• Requires advanced education

• May require working long shifts

4. Data Scientist

Median pay: $108,020/year

Job growth outlook: 36%

Job description: Extract and analyze data. May collect or categorize data, offer interpretations of data, or create visual representations to showcase their findings. These individuals typically work in an office setting or from home. Because this role doesn’t require much interaction with customers or colleagues, it can be a good job for antisocial people.

Job duties:

• Collect and organize data

• Test data and use it to develop algorithmic models

• Analyze data to create recommendations for business entities

Pros:

• Competitive pay and outstanding earning potential

• Opportunity to work a flexible schedule or remotely

• May appeal to people looking for a creative-adjacent job

Cons:

• Some aspects of the job may be tedious or boring

• Hours can be long and require the completion of menial tasks

• Master’s degree or higher may be required for certain jobs

5. Information Security Analyst

Median pay: $120,360/year

Job growth outlook: 33%

Job description: Information security analysts review an entity or organization’s security measures and develop strategies for protecting and safeguarding data. This is one of the fastest-growing IT jobs as more companies turn their focus to increasing cybersecurity in order to prevent fraud or data hacks. This is a strong option if you need a job that will pay off your student loans.

Job duties:

• Analyze security measures in order to look for potential flaws or weak spots

• Develop cybersecurity strategies to enhance a company or organization’s data safety

• Maintain security software, including encryption and firewall services

Pros:

• Job growth may be sustainable long term as more companies seek to step up their cybersecurity efforts

• Salary ranges are competitive compared to other fast-growing jobs

• May offer opportunity for remote work

Cons:

• Some jobs may require a master’s degree or higher

• May be required to complete tasks on short notice

• Potentially stressful and high-pressure

6. Medical and Health Services Manager

Median pay: $110,680/year

Job growth outlook: 29%

Job description: Responsible for managing their facility and coordinating medical and health services for patients. Should be up to date on the latest laws, regulations, and technology in healthcare.

Job duties:

• Create and execute policies, goals, and procedures for facility

• Ensure facility complies with laws and regulations

• Recruit, train, and manage staff

Pros:

• Competitive salary

• Flexible hours

• Room for advancement for those interested in leadership roles

Cons:

• Hours may be long

• May be required to have a bachelor’s degree, a license, and/or work experience

• The job has a high rate of injury and illness

7. Physician Assistant

Median pay: $130,020/year

Job growth outlook: 28%

Job description: Responsible for examining, diagnosing, and treating patients under the supervision of a physician. PAs can work in a variety of settings, including a hospital, doctor’s office, outpatient care center.

Job duties:

• Examine and diagnose patients

• Prescribe medication

• Educate patients on their health issues

Pros:

• Can be rewarding to help care for patients

• Competitive pay, particularly for jobs at outpatient care centers and hospitals

• Can work in a variety of specialized areas, such as dermatology, pathology, or emergency medicine

Cons:

• Work can be physically and emotionally demanding

• May be required to work nights, weekends, or holidays

• Must have a bachelor’s degree or higher and be licensed

8. Computer and Information Research Scientist

Median pay: $145,080

Job growth outlook: 26%

Job description: Use expertise and experience to improve existing technologies and create new ones. The work can help fuel innovation and solve problems in science, medicine, and business, among other fields.

Job duties:

• Develop and/or improve computer software and hardware

• Create new computing languages and tools

• Design and oversee experiments on software systems

Pros:

• Opportunity to work on cutting-edge projects

• Ability to help create innovations and improvements

• Can specialize in various fields, including artificial intelligence or robotics

Cons:

• Much of the work is online, which could be an issue for extroverted people

• Most jobs typically require a master’s degree or Ph.D.

• May work long hours

9. Physical Therapist Assistant

Median pay: $64,080/year

Job growth outlook: 25%

Job description: Collaborate with physician therapists to help patients regain their mobility and manage their pain. PTAs may also be responsible for cleaning and setting up treatment areas or moving patients around the facility.

Job duties:

• Treat patients through exercise, massage, and other interventions, under the supervision of a physical therapist

• Record the patient’s progress and share progress with the physical therapist

• Help move patients in and/or out of treatment area

Pros:

• Solid earning potential

• May have the option to work part-time

• Helping patients recover can be professionally rewarding

Cons:

• Often requires standing for long periods of time

• Moving patients could put strain on the body

• May be required to work nights and weekends

10. Operations Research Analyst

Median pay: $83,640/year

Job growth outlook: 26%

Job description: Evaluate a company’s operations using advanced analytical and mathematical techniques, and recommend ways to increase efficiency and solve problems.

Job duties:

• Analyze data to identify or solve operational problems

• Provide recommendations to decision makers

• Document and present finding to support recommendations

Pros:

• May have opportunities for advancement

• Often work on teams, which can be a good fit for extroverts

• Can help businesses operate more efficiently

Cons:

• Advanced education and training are often required

• Role can be demanding

• May be required to work in the office

Fastest-Growing Jobs by 2025 Outlook

The fastest growing jobs in 2024 include all of the options listed above. Other jobs projected to have above-average growth through 2033 include:

• Occupational therapy assistants

• Actuaries

• Financial examiners

• Home health and personal care aides

• Veterinary assistants and laboratory animal caretakers

• Veterinary technologists and technicians

• Logisticians

• Veterinarians

• Substance abuse, behavioral disorder, and mental health counselors

• Epidemiologists

Which job skills will be most in demand in the future? According to the World Economic Forum, the following skills will be highly sought after by employers within the next few years:

• Analytical thinking

• Creative thinking

• Resilience, flexibility, and agility

• Motivation and self-awareness

• Curiosity and lifelong learning

• Technological literacy

• Dependability and attention to detail

Some of these are “soft skills,” meaning they’re based around communication and self-management. However, it’s clear that technological skills and computer skills will continue to be an important consideration for employers in the future.

The Takeaway

The Bureau of Labor Statistics regularly publishes lists of jobs with good potential for recent grads and career changers. This year’s list of the top fields for job growth include energy, healthcare, computers, and data science. It’s a wide range, with something for everyone. And while some roles require a college degree, others welcome high school grads.

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FAQ

What is the most needed job in 2024?

According to the Bureau of Labor Statistics, nurse practitioners are among the fastest growing jobs for 2024 and beyond. That’s due largely to increased demand for healthcare providers during the pandemic era, but it was also one of the fastest growing jobs pre-COVID.

What job has the highest future growth?

The Bureau of Labor Statistics projects that wind turbine service technicians are set to see the highest job growth through 2033. As the country looks to reduce carbon emissions — and demand for electricity increases — more wind turbines are expected to be built. This will likely create more job opportunities for qualified service technicians who can install and maintain the equipment.

Which jobs will be in demand in the next 10 years?

Some of the jobs that will be in the highest demand in the next 10 years include nurse practitioners, wind turbine service technicians, data analysts, information security analysts, and medical and health services managers.

About the author

Rebecca Lake

Photo credit: iStock/visualspace

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

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Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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Mar

2025

What Is the Arms Index (TRIN)? How to Use the Indicator

By Rebecca Lake | Growing Wealth, invest, Investing | Comments Off

The Arms Index or Trading Index (TRIN) is a breadth indicator used to indicate when the stock market is overbought and oversold. In simpler terms, it measures how strong or weak the market is on any given day.

Technical analyst Richard W. Arms developed the Arms Index formula in 1967 as a tool for gauging market sentiment. Investors still use TRIN indicators to track volatility and price movements. By looking for upward or downward trends in the TRIN and comparing them to other technical indicators, investors can potentially identify buy or sell signals.

Key Points

• The Arms Index, also known as TRIN, measures stock market strength or weakness.

• It was developed by Richard W. Arms in 1967 to gauge market sentiment.

• TRIN calculates by dividing the Advance/Decline ratio by the Advance/Decline volume ratio.

• A TRIN value above 1.0 suggests a bearish market, while below 1.0 indicates bullish conditions.

• Investors use TRIN alongside other indicators to identify potential buy or sell signals.

What Is the Arms Index (TRIN)?

The Arms Index, Trading Index or TRIN for short is a breadth oscillator used to identify pricing and value trends in the stock market. Specifically, the index looks at two things: Advance Decline ratio and Advance Decline volume ratio.

The former represents the number of advancing and declining stocks while the latter represents advancing and declining stock volume.

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The TRIN Formula

TRIN = (Advancing stocks/Declining stocks) / (Composite volume of advancing stocks/Composite volume of declining stocks)

In this formula:

• Advancing stocks refers to the number stocks trading higher

• Declining stocks refers to the number of stocks trading lower

• Advancing volume is the total volume of all advancing stocks

• Declining volume is the total volume of all declining stocks

Investors use moving averages to smooth out the data and understand the relationship between the supply and demand for stocks during a given time period. The Arms Index aims to highlight bearish or bullish trends based on the relationship between the number of stocks being traded and the volume.

How to Calculate TRIN

To calculate TRIN, you’d simply apply the formula outlined earlier. Again, it looks like this:

TRIN = (Advancing stocks/Declining stocks) / (Composite volume of advancing stocks/Composite volume of declining stocks)

Here’s what calculating TRIN might look like in action:

• Find AD ratio by dividing the number of advancing stocks by the number of declining stocks

• Find AD volume ratio by dividing total advancing volume by total declining volume

• Divide AD ratio by AD volume ratio

You’d perform these calculations over a set time period, recording each figure on a graph or chart as you go. For example, you might space the calculations out every few minutes, hourly or daily. You’d then connect each data point on your graph or chart to whether the TRIN is moving up or down.

Dive Deeper: How to Calculate AD Ratio

What Does TRIN Show You?

TRIN shows you the market’s volatility and the short-term direction of prices to help investors identify buying opportunities. When reading or interpreting TRIN data, you’re looking to see if it’s above 1.0 or below 1.0. This can tell you whether the market is bearish or bullish. A reading of exactly 1.0 is considered neutral.

For example, a reading below 1.0 is common when there are strong upward trends in price movements. Meanwhile, a reading above 1.0 is typical when there’s a strong downward trend. Here’s another way to think of it. When the reading is below 1.0 that means advancing stocks are driving volume but when it’s above 1.0, declining stocks are in the driver’s seat for generating volume.

You may also look at the direction TRIN is moving. A rising TRIN could indicate a weak market, while a falling TRIN may mean the market is getting stronger. Understanding how to read the data matters when determining whether the market is overbought or oversold at any given time.

Overbought

In stock trading, overbought means a stock is selling at a price above its intrinsic value. When the market is overbought, there’s generally a bullish attitude as investors keep buying in and driving up market capitalizations.

But a sell-off can happen if market sentiment turns negative. In that case, you get a reversal and prices begin to drop, potentially pushing market capitalizations down. Investors use the Arms Index or TRIN to spot this type of price movement trend and get ahead of a reversal before it happens.

Oversold

When an asset is oversold it means it’s trading below its intrinsic value. In other words, it’s trading for less than what it’s actually worth. This scenario can happen if an asset is undervalued for an extended period of time.

When investors assume the market is oversold, that can lead to an increase in buying activity. This, in turn, can drive stock prices up.

💡 Quick Tip: How to manage potential risk factors in a self-directed investment account? Doing your research and employing strategies like dollar-cost averaging and diversification may help mitigate financial risk when trading stocks.

Example of Using TRIN

If you wanted to apply the TRIN in real time, you could do that using stock charts that illustrate technical indicators. So, say you want to track the movements of the S&P 500 Index for a single day, looking at prices in five-minute intervals. You begin calculating TRIN at 10:00 am, at which time it’s 1.10. This sends a sell signal to the market and prices begin edging down.

An hour later, you see that TRIN has dropped to 0.85 sending a buy signal. At this point, prices begin to move upward again. By following TRIN throughout the day you could see whether the upward trend looks like it will continue or whether it will eventually reverse. If you’re following the rule of “buy low, sell high“, you might want to time trades to correlate with stock price movements based on the trends forecasted by the TRIN.

How Is TRIN Different Than TICK?

The TRIN measures the spread or gap between supply and demand in the markets. The Tick Index or Tick Indicator shows the number of stocks trading on an uptick minus the number of stocks trading on a downtick. This trend indicator measures all of the stocks that trade on an exchange such as the New York Stock Exchange (NYSE) or Nasdaq.

Unlike Arms Index or TRIN, the Tick indicator does not factor in volumes. Instead, Tick index aims to pinpoint extreme buying or extreme selling on an intraday basis.

Is TRIN a Good Indicator?

The TRIN has both good points and bad points when used as an investment decision-making tool. No technical analysis indicator can yield precise answers when determining the best time to buy or sell.

It’s important to keep in mind that the Trading Index is just one indicator analysts use to evaluate the stock market and stock volatility. The TRIN is most helpful when used with other indicators in order to create a more comprehensive snapshot of the markets at a particular moment in time.

Pros of TRIN

The Arms Index or TRIN closely analyzes trends between advancing and declining assets. By comparing net advances to volume, it provides a picture of price movements. Volume can be a useful indicator in itself, as higher volumes can suggest more significant shifts in stock pricing.

The TRIN is forward-looking so it can be useful in forecasting which way the market will head next. By pointing out stocks that may be overbought or oversold, the indicator can provide investors with some direction when trying to buy the bottom or sell the top to maximize profits in the market.

Cons of TRIN

If the TRIN has one big flaw it’s that it may generate inaccurate readings because of the way the index accounts for volume. Specifically, you can run into problems when advancing volume falls short of expectations.

For example, say that on a given day the number of stocks advancing significantly outpaces the number of stocks declining. Meanwhile, the same trend happens with volumes, with advancing volume outstripping declining volume. When you calculate TRIN, the numbers could effectively cancel one another out, resulting in a neutral reading.

This can make it difficult to figure out if the market is trending bearish or bullish. For that reason, it may be helpful to apply a 10-day moving average (MA) to help even out the numbers and provide a more accurate picture of pricing trends.

How Investors Can Use TRIN

Technical investors can use the TRIN to analyze the market, decide whether to buy or sell, and when to make those trades to produce the best results. When using the index, you’re looking for clear markers of strength or weakness in the markets. By gauging overall market sentiment, it may become easier to make predictions about future prices.

The TRIN is, by nature, designed to monitor short-term trading activity so it may not work as well for spotting longer term trends. But you can use it to get a feel for whether the market is leaning more on the bullish or bearish side and how likely that trend is to either continue or reverse.

The Takeaway

The Arms Index or TRIN is an important concept to understand if you’re an active day trader using technical analysis. With technical analysis, you’re trying to find trends in the near term so that you can take action to capitalize them.

For a limited time, opening and funding an Active Invest account gives you the opportunity to get up to $1,000 in the stock of your choice.

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About the author

Rebecca Lake

SoFi Invest®

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

SoFi Invest encompasses two distinct companies, with various products and services offered to investors as described below: Individual customer accounts may be subject to the terms applicable to one or more of these platforms.
1) Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser (“SoFi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.
2) Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA (www.finra.org)/SIPC(www.sipc.org). Clearing and custody of all securities are provided by APEX Clearing Corporation.
For additional disclosures related to the SoFi Invest platforms described above please visit SoFi.com/legal.
Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform.
For a full listing of the fees associated with Sofi Invest please view our fee schedule.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Investment Risk: Diversification can help reduce some investment risk. It cannot guarantee profit, or fully protect in a down market.

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Mar

2025

Understanding the Different Types of Mutual Funds

By Rebecca Lake | Growing Wealth, invest, Investing | Comments Off

A mutual fund is a portfolio or basket of securities (often stocks or bonds) where investors pool their money. Globally, there are more than 125,000 regulated funds investors can choose from, and they come in many different flavors — from equity funds to government bond funds, as well as growth funds, sector funds, index funds, and more.

While most mutual funds are actively managed (i.e. there is a team of portfolio managers that run the fund), many are passively managed and track an index.

How these types of funds differ typically comes down to their investment objectives and the strategies employed to achieve them.

Mutual Funds Recap

A mutual fund is an investment vehicle that pools money from many investors in order to invest in different securities. For example, mutual funds may hold any combination of stocks, bonds, money market instruments, or cash and cash equivalents. They may also include alternative investments, such as real estate, commodities, or investments in precious metals.

A mutual fund is considered an open-end fund, because its shares are available continuously, versus a closed-end fund which sells a set number of shares at once during an initial public offering.

Mutual fund shares can be purchased through the fund company, from a bank, a brokerage account or through a retirement plan at work. For example, you might hold mutual funds inside a taxable investment account or within an individual retirement account (IRA) with an online brokerage. Or you may invest in mutual funds through your 401(k) at work.

Investing in different types of mutual funds can help with diversification and managing risk in a portfolio. If one investment in a mutual fund underperforms, for example, the other investments in the fund are there to help balance that out.

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9 Types of Mutual Funds

It’s important to understand how and why a mutual fund’s type matters before adding it to your portfolio. Some types of funds may be designed for growth, for example, while others are designed to generate income through dividends. Certain mutual funds may carry a higher risk profile than others, though they may yield the potential for higher rewards.

Knowing more about the different mutual fund options can make it easier to choose investments that align with your goals and risk tolerance.

1. Equity Funds

• Structure: Open-end

• Risk Level: High

• Investment Goals: Growth or income, depending on the fund

• Asset Class: Equity (i.e. stocks)

Equity funds or stock funds primarily invest in stocks, with one of two goals in mind: capital appreciation or the generation of regular income through dividends. The types of companies an equity fund invests in can depend on the fund’s objectives.

For example, some equity funds may concentrate on blue-chip companies that offer consistent dividends while others may lean toward companies that have significant growth potential. These are often referred to as growth funds. Sector funds, meanwhile, may focus on companies from a single stock market sector. Equity funds can also be categorized based on whether they invest in large-cap, mid-cap or small-cap stocks.

Investing in equity funds can offer the opportunity to earn higher rewards but they tend to present greater risks. Since the prices of underlying equity investments can fluctuate day to day or even hour to hour, equity funds tend to be more volatile than other types of funds overall.

2. Bond Funds or Fixed-Income Funds

• Structure: Typically open-end though some bond funds may be closed-end

• Risk Level: Low

• Investment Goals: To provide fixed income to investors

• Asset Class: Fixed income/bonds

Bond funds or fixed-income funds are mutual funds that invest in bonds or other investments that are designed to provide consistent income. A bond is a type of debt instrument that pays interest to investors. Like equity funds, bond funds may target a specific type of investment. For example, there are funds that focus exclusively on government bonds while others hold municipal bonds or corporate bonds.

Generally speaking, bonds tend to be lower risk compared with other types of funds. But they’re not 100% risk-free and it’s still possible to lose money on bond fund investments. That’s because bonds tend to be sensitive to interest rate risk and credit risk.

For that reason, it’s important to compare credit ratings when choosing bonds for a portfolio. It’s also helpful to understand the inverse relationship between interest rates and bond yields when choosing different types of funds to invest in.

Recommended: How Do Bonds Work?

3. Money Market Funds

• Structure: Open-end

• Risk Level: Low

• Investment Goals: Income generation

• Asset Class: Short-term fixed-income securities

Money market funds or money market mutual funds invest in short-term fixed-income securities. For example, these funds may hold government bonds, municipal bonds, corporate bonds, bank debt securities (i.e. certificates of deposit, bankers’ acceptances, etc.), cash and cash equivalents.

Money market funds can be labeled according to what they invest in. For example, Treasury funds invest in U.S. Treasury securities, while government money market funds invest in government securities.

In terms of risk, money market funds are considered to be some of the safest types of mutual funds and some of the safest investments overall. That means, however, that money market mutual funds tend to produce lower returns compared to other mutual funds.

It’s also worth noting that money market funds are not the same thing as money market accounts (MMAs). Money market accounts are deposit accounts offered by banks and credit unions. While these accounts can pay interest to savers, they’re more akin to savings accounts than investment vehicles.

💡 Quick Tip: Did you know that opening a brokerage account typically doesn’t come with any setup costs? Often, the only requirement to open a brokerage account — aside from providing personal details — is making an initial deposit.

4. Index Funds

• Structure: Open-end

• Risk Level: Moderate

• Investment Goals: To replicate the performance of an underlying market index

• Asset Class: Available in all asset classes

Index funds are a type of mutual fund that has a very specific goal: To match the performance of an underlying market index. For example, an index fund may attempt to mirror the returns of the S&P 500 Index or the Russell 2000 Index (or any other of the many market indices). The fund does this by investing in some or all of the securities included in that particular index.

Index funds are considered passively managed or unmanaged because there is no active portfolio manager at the helm. Also, the underlying shares of the companies in the fund rarely change, unlike an active fund, where the portfolio manager and management team may make frequent trades.

An index fund that tracks the S&P 500 index, for instance, primarily invests in large-cap U.S. companies represented in the index itself.

Market capitalization is a commonly used metric for determining the makeup of equity index funds. Market cap measures a company’s size based on the number of shares it has outstanding and the price of those shares. Mega-cap and large-cap companies have higher market capitalization or value than mid- or small-cap companies.

Investing in index funds might appeal to investors who prefer passive investments. These funds often have lower expense ratios, as they are unmanaged and tend to have lower turnover. While they’re not free from risk, index funds can be less risky than actively managed equity funds, where tracking error and underperformance can affect overall returns.

5. Balanced Funds

• Structure: Open-end

• Risk Level: Moderate

• Investment Goals: Balancing risk and reward

• Asset Class: Equity, fixed income, cash

Balanced funds, sometimes referred to as hybrid funds, include a mix of different asset classes. For example, balanced funds can hold stocks, bonds, and cash investments. The goal in doing so is to create balance between risk and reward. Specifically, these funds aim to provide above-average return potential while mitigating risk to investors as much as possible.

Balanced funds can be growth funds or income funds. Growth balanced funds focus on capital appreciation. Income balanced funds, on the other hand, aim to provide investors with steady income through dividends and/or interest.

Investing in balanced funds could appeal to investors who want to generate potentially higher returns without exposing themselves to more risk than they’re capable of tolerating. They can also be useful for adding diversification to a portfolio that may be stock or bond heavy.

6. Income Funds

• Structure: Open-end

• Risk Level: Low to moderate

• Investment Goals: To provide income to investors

• Asset Class: Bonds, income-generating assets

Income funds have a singular goal of providing income to investors. While they can sometimes be grouped with bond funds, income funds are their own mutual fund type. While these funds can invest in bonds, they can also hold a wide range of investments, including dividend-paying stocks, money market instruments and preferred stock.

Like bond funds, income funds are subject to many of the same risks including interest rate risk and credit risk. Those apply specifically to bond holdings. Investments in dividend stocks, preferred stock, and money market instruments carry separate risks.

For that reason, income funds are somewhere in the middle between bond funds and fixed-income funds and equity funds in terms of risk. While they can offer potentially higher returns and steady income to investors, it is still possible to lose money if underlying investments in the fund are affected by changing market conditions.

7. International Funds

• Structure: Generally open-end, though some may be closed-end

• Risk Level: High

• Investment Goals: Capital appreciation or income, depending on the fund

• Asset Class: Equity, though some international funds can include bonds or fixed-income securities

International mutual funds hold investments from securities markets around the world, excluding the United States. So, for example, an international mutual fund may invest in European companies, Asian companies or in companies from emerging markets. The key hallmark of these funds is that U.S. companies are not represented here. (Global funds, on the other hand, can hold a mix of both U.S. and international securities.)

Adding international funds to a portfolio can increase diversification if you’ve primarily invested in U.S. companies or bonds so far. But keep in mind that international funds can carry unique risks. For example, investing in an international fund that holds real estate could be tricky if the real estate market in a particular country experiences a downturn.

For that reason, investing experts often recommend limiting how much of your portfolio you commit to international funds.

8. Specialty Funds

• Structure: Open or closed-end

• Risk Level: Varies by fund

• Investment Goals: Varies by fund

• Asset Class: Equity, bonds, fixed-income, cash, alternatives

Specialty fund is a catch-all term to describe types of mutual funds that are built around a specific theme. For example, hedge funds are considered to be a specialty fund since they rely on hedge fund trading strategies to achieve their investment objectives. Sector funds could also fall under the specialty fund umbrella since they invest in securities from individual market sectors.

Investing in specialty funds can help diversify a portfolio because it offers an opportunity to look beyond stocks or bonds. Specialty funds can offer exposure to things like real estate, commodities, or even cryptocurrency. You could also use specialty funds to pursue specific investing goals, such as investing with environmental, social, and governance (ESG) principles in mind.

In terms of risk, specialty funds can be all over the spectrum, with some posing less risk and others carrying higher risk. That also translates to wide variations in the return potential of specialty funds. It’s important to do your research to understand what kind of risk/return profile a particular fund may have.

9. Target Date Funds

• Structure: Typically a fund of funds

• Risk Level: These funds are designed to become more conservative (i.e. less risky) over time.

• Investment Goals: To provide returns and risk that align with a target retirement date

• Asset Class: Equity, bonds, fixed-income

Target date funds are mutual funds that adjust their asset allocation automatically over time, based on a predetermined glide path. The glide path is simply an automated plan for how the fund will become more conservative over time.

Say you plan to retire in 2050. You could invest in a 2050 target date fund, and as you get closer to retirement the fund will automatically shift its asset allocation to become less aggressive (i.e. dialing back on equities) and more conservative as the target date approaches.

Like mutual funds, target date funds are offered by nearly every investment company. In most cases, they’re recognizable by the year in the fund name.

If you have a 401(k) at work, it’s likely you may have access to various target date funds for your portfolio. These funds have become increasingly popular among 401(k) plan administrators due to their simplicity. Workers can select a target date fund based on when they plan to retire, and the fund’s asset allocation will adjust over time to become more conservative. But there is still the possibility a target fund could lose money.

Also, because the mix of investments in a target fund is predetermined, it’s important to know you cannot change the underlying assets. That’s why it’s best to be cautious when combining target date funds with other mutual funds in your portfolio; you don’t want to inadvertently make your portfolio overweight in a certain asset class, or even a specific security, if there’s an overlap between funds.

What’s the Difference Between Mutual Funds and ETFs?

It might be easy to confuse exchange-traded funds or ETFs with mutual funds, but they are different animals.

• ETFs are considered funds yet in many ways they behave more like stocks. ETFs trade on an exchange, like stocks, and investors buy and sell shares of the ETF throughout the day, which can cause the share price to fluctuate. By contrast, mutual funds are priced at the end of the day.

• Some investors prefer ETFs because they are more liquid than mutual funds.

• Though you can buy actively managed ETFs, the majority of these funds track an index and are passively managed. The reverse is true of mutual funds, where the majority are actively managed (though that balance is shifting toward passive strategies, which have been shown generally to deliver higher returns).

• Because ETFs are largely passive (i.e. unmanaged), they are often cheaper than mutual funds.

Like mutual funds, though, ETFs provide investors with many different ways to invest in the market. Investors can choose between equity and bond ETFs, sustainable ETFs, ETFs that invest in foreign currency, precious metals ETFs, and more. Some ETFs are also known for using “themed” strategies that allow investors to invest in hyper-specific market segments, e.g. semiconductors, clean water technology, infrastructure, robotics, cloud computing, and so on.

Recommended: A Closer Look at ETFs vs Mutual Funds

The Takeaway

With tens of thousands of mutual funds available to investors, how do you choose the ones that suit your financial goals? Fortunately, mutual funds are among the most versatile and affordable investments, offering investors the ability to incorporate a range of asset classes in their portfolio: from equities and bonds to more specialized assets like dividend-paying stocks or foreign securities.

Investing in mutual funds may provide investors with the potential for higher returns or steady income — or even emerging market opportunities. Of course, all investments also carry the potential for risk, but here investors can also decide whether to invest in lower-risk funds, like bond funds and money market funds — or use a variety of mutual funds to create a well-balanced portfolio.

Ready to expand your portfolio's growth potential? Alternative investments, traditionally available to high-net-worth individuals, are accessible to everyday investors on SoFi's easy-to-use platform. Investments in commodities, real estate, venture capital, and more are now within reach. Alternative investments can be high risk, so it's important to consider your portfolio goals and risk tolerance to determine if they're right for you.

Invest in alts to take your portfolio beyond stocks and bonds.

About the author

Rebecca Lake

Photo credit: iStock/simonapilolla

An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. This and other important information are contained in the Fund’s prospectus. For a current prospectus, please click the Prospectus link on the Fund’s respective page. The prospectus should be read carefully prior to investing.
Alternative investments, including funds that invest in alternative investments, are risky and may not be suitable for all investors. Alternative investments often employ leveraging and other speculative practices that increase an investor's risk of loss to include complete loss of investment, often charge high fees, and can be highly illiquid and volatile. Alternative investments may lack diversification, involve complex tax structures and have delays in reporting important tax information. Registered and unregistered alternative investments are not subject to the same regulatory requirements as mutual funds.
Please note that Interval Funds are illiquid instruments, hence the ability to trade on your timeline may be restricted. Investors should review the fee schedule for Interval Funds via the prospectus.

SoFi Invest®

INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

SoFi Invest encompasses two distinct companies, with various products and services offered to investors as described below: Individual customer accounts may be subject to the terms applicable to one or more of these platforms.
1) Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser (“SoFi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.
2) Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA (www.finra.org)/SIPC(www.sipc.org). Clearing and custody of all securities are provided by APEX Clearing Corporation.
For additional disclosures related to the SoFi Invest platforms described above please visit SoFi.com/legal.
Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform.
For a full listing of the fees associated with Sofi Invest please view our fee schedule.

Investment Risk: Diversification can help reduce some investment risk. It cannot guarantee profit, or fully protect in a down market.

Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website or by email customer service at https://sofi.app.link/investchat. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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How to Get a $4,000 Personal Loan

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Apply for the Loan

Pros of a $4,000 Personal Loan

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Can You Get a $4,000 Personal Loan With Bad Credit?

How to Compare $4,000 Personal Loans

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FAQ

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10. Operations Research Analyst

Fastest-Growing Jobs by 2025 Outlook

The Takeaway

FAQ

What is the most needed job in 2024?

What job has the highest future growth?

Which jobs will be in demand in the next 10 years?

What Is the Arms Index (TRIN)?

The TRIN Formula

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How to Calculate TRIN

What Does TRIN Show You?

Overbought

Oversold

Example of Using TRIN

How Is TRIN Different Than TICK?

Is TRIN a Good Indicator?

Pros of TRIN

Cons of TRIN

How Investors Can Use TRIN

The Takeaway

Mutual Funds Recap

Alternative investments, now for the rest of us.

Start trading funds that include commodities, private credit, real estate, venture capital, and more.

9 Types of Mutual Funds

1. Equity Funds

2. Bond Funds or Fixed-Income Funds

3. Money Market Funds

4. Index Funds

5. Balanced Funds

6. Income Funds

7. International Funds

8. Specialty Funds

9. Target Date Funds

What’s the Difference Between Mutual Funds and ETFs?

The Takeaway

JOIN THE COMMUNITY

Student Loan Refinancing

Personal Loans

Alternative investments,
now for the rest of us.

Student Loan
Refinancing

Personal
Loans

Online
Investments